The financials
Manhattan Associates, Inc. by the numbers
Manhattan Associates, Inc. (MANH) reported revenue of $298M in Q2 2026 (quarter ended June 30, 2026), up 9.3% from the same quarter a year earlier. That came with a gross margin of 57% and net income of $50M (17% of revenue). For the full year FY2025, revenue was $1.08B (+3.7% year on year) and net income $220M. Its largest product in 2026-Q1 was Service Other at $126M, 45% of the disclosed total, just ahead of Cloud Subscriptions at 42%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $298M | $272M | +9.3% |
| Gross profit | $168M | $156M | +7.8% |
| Operating income | $66M | $74M | −10% |
| Net income | $50M | $57M | −11% |
| Diluted EPS | $0.85 | $0.93 | −8.6% |
| Product | Revenue | Share |
|---|---|---|
| Service Other | $126M | 45% |
| Cloud Subscriptions | $117M | 42% |
| Maintenance | $31M | 11% |
| Hardware | $6.5M | 2.3% |
| License And Maintenance | $2.2M | 0.8% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $282.2M (+2.3%)
Cloud Subscriptions grew +24% year on yearLicense And Maintenance -76% year on year
Segment Latestquarter on quarteryear on year
- Service Other$125.7M$125.7MQoQ -5.5%year on year +3.8%-5.5%+3.8%
- Cloud Subscriptions$117.1M$117.1MQoQ +12%year on year +24%+12%+24%
- Maintenance$30.6M$30.6MQoQ +0.33%year on year -4.8%+0.33%-4.8%
- Hardware$6.5M$6.5MQoQ +7.6%year on year +11%+7.6%+11%
- License And Maintenance$2.2M$2.2MQoQ +65%year on year -76%+65%-76%
Software - Application
Ranks #25 of 90 by Smart Score